Boston Trust Walden Corp Sells 49,211 Shares of Axcelis Technologies, Inc. $ACLS

Boston Trust Walden Corp reduced its holdings in shares of Axcelis Technologies, Inc. (NASDAQ:ACLS) by 11.5% during the 1st quarter, Holdings Channel.com reports. The fund owned 378,525 shares of the semiconductor company’s stock after selling 49,211 shares during the period. Boston Trust Walden Corp’s holdings in Axcelis Technologies were worth $35,233,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Victory Capital Management Inc. raised its position in Axcelis Technologies by 85.9% in the fourth quarter. Victory Capital Management Inc. now owns 1,807,404 shares of the semiconductor company’s stock worth $145,207,000 after purchasing an additional 835,242 shares in the last quarter. Invesco Ltd. boosted its holdings in Axcelis Technologies by 176.6% during the third quarter. Invesco Ltd. now owns 386,735 shares of the semiconductor company’s stock valued at $37,761,000 after purchasing an additional 246,939 shares in the last quarter. Balyasny Asset Management L.P. grew its stake in shares of Axcelis Technologies by 10,368.7% in the 4th quarter. Balyasny Asset Management L.P. now owns 243,503 shares of the semiconductor company’s stock valued at $19,563,000 after purchasing an additional 241,177 shares during the period. Allspring Global Investments Holdings LLC grew its stake in shares of Axcelis Technologies by 142.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 266,015 shares of the semiconductor company’s stock valued at $22,909,000 after purchasing an additional 156,387 shares during the period. Finally, Millennium Management LLC raised its holdings in shares of Axcelis Technologies by 143.8% in the 3rd quarter. Millennium Management LLC now owns 261,776 shares of the semiconductor company’s stock worth $25,560,000 after buying an additional 154,381 shares in the last quarter. Institutional investors own 89.98% of the company’s stock.

Insider Activity

In other news, Director Necip Sayiner sold 1,586 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $157.44, for a total transaction of $249,699.84. Following the transaction, the director directly owned 7,112 shares in the company, valued at approximately $1,119,713.28. This represents a 18.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Gerald M. Blumenstock sold 1,161 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $152.70, for a total transaction of $177,284.70. Following the transaction, the executive vice president owned 20,493 shares in the company, valued at $3,129,281.10. The trade was a 5.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 34,795 shares of company stock worth $5,344,383. 0.49% of the stock is currently owned by insiders.

Axcelis Technologies Stock Performance

Shares of ACLS opened at $144.50 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.99 and a current ratio of 4.59. The company has a market cap of $4.44 billion, a price-to-earnings ratio of 45.02, a PEG ratio of 10.23 and a beta of 1.88. The stock has a fifty day moving average price of $160.73 and a two-hundred day moving average price of $115.88. Axcelis Technologies, Inc. has a 52-week low of $65.64 and a 52-week high of $193.78.

Axcelis Technologies (NASDAQ:ACLS) last announced its earnings results on Thursday, May 7th. The semiconductor company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.71 by $0.01. Axcelis Technologies had a return on equity of 12.19% and a net margin of 11.93%.The company had revenue of $198.96 million for the quarter, compared to analysts’ expectations of $195.03 million. During the same quarter in the prior year, the business earned $0.88 earnings per share. The business’s revenue for the quarter was up 3.3% on a year-over-year basis. Axcelis Technologies has set its Q2 2026 guidance at 0.900- EPS. Analysts predict that Axcelis Technologies, Inc. will post 3.21 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. B. Riley Financial upgraded Axcelis Technologies from a “neutral” rating to a “buy” rating and set a $150.00 target price for the company in a research report on Monday, April 20th. Zacks Research upgraded Axcelis Technologies from a “strong sell” rating to a “hold” rating in a research report on Monday, April 20th. Bank of America increased their price objective on Axcelis Technologies from $130.00 to $156.00 and gave the stock an “underperform” rating in a research note on Tuesday, June 23rd. Finally, Weiss Ratings cut Axcelis Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 12th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $130.25.

About Axcelis Technologies

Axcelis Technologies, Inc is a leading developer and manufacturer of ion implantation and cleaning equipment used in the fabrication of semiconductor chips. The company specializes in high-current, medium-current and high-energy ion implantation systems, which are critical for introducing precisely controlled dopants into silicon wafers. Axcelis also offers plasma-based cleaning and dry strip tools that support advanced process nodes in logic, memory and power device manufacturing.

The company’s product portfolio encompasses single-wafer and multi-wafer cluster tools designed to deliver high throughput, accuracy and uniformity for semiconductor process steps.